Consumer Cyclical - Auto - Dealerships - NYSE - US
$ 63.95
-1.24 %
$ 2.19 B
Market Cap
11.48
P/E
Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates in two segments, Franchised Dealerships and EchoPark. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products for its guests. The EchoPark segment sells used cars and light trucks; and arranges finance and insurance product sales for its guests in pre-owned vehicle specialty retail locations. As of December 31, 2021, the company operated 140 new vehicle franchises representing 28 brands of cars and light trucks; 17 collision repair centers in 17 states; and 46 EchoPark stores in 16 states, including 11 Northwest Motorsport pre-owned vehicle stores.[ Read More ]
The intrinsic value of one SAH stock under the base case scenario is HIDDEN Compared to the current market price of 64 USD, Sonic Automotive, Inc. is HIDDEN
2. FUNDAMENTAL
ANALYSIS
Price Chart SAH
FINANCIALS
14.4 B
REVENUE
424 M
OPERATING INCOME
178 M
NET INCOME
-15.7 M
OPERATING CASH FLOW
-219 M
INVESTING CASH FLOW
34.1 M
FINANCING CASH FLOW
3.49 B
REVENUE
114 M
OPERATING INCOME
74.2 M
NET INCOME
87.8 M
OPERATING CASH FLOW
-25.2 M
INVESTING CASH FLOW
-117 M
FINANCING CASH FLOW
Balance Sheet Decomposition
Sonic Automotive, Inc.
| Current Assets | 2.52 B |
| Cash & Short-Term Investments | 28.9 M |
| Receivables | 528 M |
| Other Current Assets | 1.96 B |
| Non-Current Assets | 2.84 B |
| Long-Term Investments | 1 M |
| PP&E | 2.06 B |
| Other Non-Current Assets | 783 M |
| Current Liabilities | 2.29 B |
| Accounts Payable | 150 M |
| Short-Term Debt | 1.81 B |
| Other Current Liabilities | 330 M |
| Non-Current Liabilities | 2.18 B |
| Long-Term Debt | 2.09 B |
| Other Non-Current Liabilities | 89.6 M |
EFFICIENCY
Earnings Waterfall
Sonic Automotive, Inc.
| Revenue | 14.4 B |
| Cost Of Revenue | 12.1 B |
| Gross Profit | 2.25 B |
| Operating Expenses | 1.82 B |
| Operating Income | 424 M |
| Other Expenses | 245 M |
| Net Income | 178 M |
RATIOS
15.63%
GROSS MARGIN
2.95%
OPERATING MARGIN
1.24%
NET MARGIN
19.98%
ROE
3.32%
ROA
7.29%
ROIC
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
Sonic Automotive, Inc.
| Net Income | 178 M |
| Depreciation & Amortization | 124 M |
| Capital Expenditures | -204 M |
| Stock-Based Compensation | 23.3 M |
| Change in Working Capital | -391 M |
| Others | 109 M |
| Free Cash Flow | -219 M |
Wall Street Analysts Price Targets
Sonic Automotive, Inc.
Wall Street analysts predict an average 1-year price target for SAH of $61 , with forecasts ranging from a low of $58 to a high of $64 .
SAH Lowest Price Target
Wall Street Target
58 USD
-9.30%
SAH Average Price Target
Wall Street Target
61 USD
-4.61%
SAH Highest Price Target
Wall Street Target
64 USD
0.08%
4. DIVIDEND ANALYSIS
0.51%
DIVIDEND YIELD
0.35 USD
DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership
Sonic Automotive, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
3.19 M USD 2
6-9 MONTHS
8.98 M USD 1
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
| Date | Value | Insider | Amount | Avg Price |
|---|---|---|---|---|
|
4 months ago
Jul 18, 2024
|
Sell 1.19 M USD
|
Byrd Heath
EVP and CFO |
- 19827
|
60 USD |
|
5 months ago
Jun 12, 2024
|
Sell 149 K USD
|
Byrd Heath
EVP and CFO |
- 2480
|
60.0047 USD |
|
5 months ago
Jun 12, 2024
|
Sell 1 M USD
|
DYKE JEFF
President |
- 16734
|
60 USD |
|
5 months ago
May 28, 2024
|
Sell 851 K USD
|
DYKE JEFF
President |
- 15000
|
56.7617 USD |
|
6 months ago
May 15, 2024
|
Sell 988 K USD
|
SMITH DAVID BRUTON
Chairman and CEO |
- 16646
|
59.3599 USD |
|
6 months ago
May 13, 2024
|
Sell 1.22 M USD
|
SMITH DAVID BRUTON
Chairman and CEO |
- 20653
|
59.2631 USD |
|
6 months ago
May 10, 2024
|
Sell 102 K USD
|
SMITH DAVID BRUTON
Chairman and CEO |
- 1747
|
58.5048 USD |
|
6 months ago
May 14, 2024
|
Sell 2.48 M USD
|
SMITH DAVID BRUTON
Chairman and CEO |
- 41770
|
59.2681 USD |
|
6 months ago
May 09, 2024
|
Sell 3.96 M USD
|
SMITH DAVID BRUTON
Chairman and CEO |
- 67703
|
58.4346 USD |
|
6 months ago
May 07, 2024
|
Sell 1.23 K USD
|
SMITH DAVID BRUTON
Chairman and CEO |
- 21
|
58.49 USD |
|
6 months ago
Apr 29, 2024
|
Sell 237 K USD
|
SMITH DAVID BRUTON
Chairman and CEO |
- 3861
|
61.4338 USD |
|
1 year ago
Sep 14, 2023
|
Sell 1.85 M USD
|
Byrd Heath
EVP and CFO |
- 34186
|
54.006 USD |
|
1 year ago
Sep 06, 2023
|
Sell 205 K USD
|
Byrd Heath
EVP and CFO |
- 3800
|
54 USD |
|
1 year ago
Aug 30, 2023
|
Sell 81.5 K USD
|
Byrd Heath
EVP and CFO |
- 1509
|
54 USD |
|
1 year ago
Aug 31, 2023
|
Sell 5.41 K USD
|
Byrd Heath
EVP and CFO |
- 100
|
54.06 USD |
|
1 year ago
Jul 19, 2023
|
Sell 296 K USD
|
Byrd Heath
EVP and CFO |
- 5473
|
54.055 USD |
|
1 year ago
Apr 17, 2023
|
Sell 410 K USD
|
Byrd Heath
EVP and CFO |
- 7589
|
54.001 USD |
|
1 year ago
Apr 14, 2023
|
Sell 612 K USD
|
Byrd Heath
EVP and CFO |
- 11336
|
54.019 USD |
|
1 year ago
Apr 18, 2023
|
Sell 189 K USD
|
Byrd Heath
EVP and CFO |
- 3500
|
54.074 USD |
|
1 year ago
Apr 10, 2023
|
Sell 4.4 M USD
|
DYKE JEFF
President |
- 86596
|
50.8014 USD |
|
1 year ago
Feb 17, 2023
|
Sell 5.34 M USD
|
DYKE JEFF
President |
- 93114
|
57.31 USD |
|
1 year ago
Feb 17, 2023
|
Sell 1.29 M USD
|
DYKE JEFF
President |
- 22710
|
56.83 USD |
|
2 years ago
Aug 24, 2022
|
Sell 3.04 M USD
|
SMITH DAVID BRUTON
Chairman and CEO |
- 54670
|
55.596 USD |
|
2 years ago
Aug 16, 2022
|
Sell 971 K USD
|
DYKE JEFF
President |
- 18675
|
52 USD |
|
2 years ago
Aug 01, 2022
|
Sell 1.06 M USD
|
Byrd Heath
EVP and CFO |
- 26221
|
40.31 USD |
|
2 years ago
Aug 01, 2022
|
Sell 2.81 M USD
|
Byrd Heath
EVP and CFO |
- 67493
|
41.64 USD |
|
2 years ago
Aug 01, 2022
|
Sell 1.2 M USD
|
DYKE JEFF
President |
- 28196
|
42.67 USD |
|
2 years ago
Apr 06, 2022
|
Bought 156 K USD
|
Rusnak Paul P.
director: |
+ 3793
|
41.05 USD |
|
2 years ago
Apr 06, 2022
|
Bought 5.34 M USD
|
Rusnak Paul P.
10 percent owner |
+ 127475
|
41.89 USD |
|
2 years ago
Mar 09, 2022
|
Sell 1.03 M USD
|
Byrd Heath
EVP and CFO |
- 20381
|
50.687 USD |
|
2 years ago
Mar 04, 2022
|
Sell 335 K USD
|
DYKE JEFF
President |
- 6395
|
52.367 USD |
|
2 years ago
Mar 04, 2022
|
Sell 144 K USD
|
DYKE JEFF
President |
- 2769
|
52 USD |
|
3 years ago
May 07, 2021
|
Sell 1.71 M USD
|
DYKE JEFF
President |
- 33427
|
51.28 USD |
|
3 years ago
Apr 12, 2021
|
Sell 634 K USD
|
Byrd Heath
EVP and CFO |
- 12729
|
49.83 USD |
|
3 years ago
Apr 13, 2021
|
Sell 456 K USD
|
Byrd Heath
EVP and CFO |
- 9281
|
49.17 USD |
|
3 years ago
Apr 14, 2021
|
Sell 2.27 M USD
|
Byrd Heath
EVP and CFO |
- 45483
|
49.8 USD |
|
3 years ago
Apr 12, 2021
|
Sell 2.71 M USD
|
DYKE JEFF
President |
- 54048
|
50.08 USD |
|
3 years ago
Apr 14, 2021
|
Sell 1.63 M USD
|
DYKE JEFF
President |
- 32547
|
50 USD |
|
3 years ago
Apr 13, 2021
|
Sell 641 K USD
|
SMITH DAVID BRUTON
Chief Executive Officer |
- 13029
|
49.16 USD |
|
3 years ago
Apr 12, 2021
|
Sell 991 K USD
|
SMITH DAVID BRUTON
Chief Executive Officer |
- 19882
|
49.83 USD |
|
3 years ago
Apr 14, 2021
|
Sell 5.95 M USD
|
SMITH DAVID BRUTON
Chief Executive Officer |
- 119490
|
49.78 USD |
|
3 years ago
Mar 05, 2021
|
Sell 773 K USD
|
DYKE JEFF
President |
- 16573
|
46.65 USD |
|
4 years ago
Aug 18, 2020
|
Sell 493 K USD
|
SMITH DAVID BRUTON
Chief Executive Officer |
- 10946
|
45.074 USD |
|
4 years ago
Aug 20, 2020
|
Sell 270 K USD
|
SMITH DAVID BRUTON
Chief Executive Officer |
- 5999
|
45 USD |
|
4 years ago
Aug 05, 2020
|
Sell 817 K USD
|
Byrd Heath
EVP and CFO |
- 20000
|
40.83 USD |
|
4 years ago
Jul 15, 2020
|
Sell 1 M USD
|
DYKE JEFF
President |
- 25000
|
40 USD |
|
4 years ago
Jul 08, 2020
|
Sell 418 K USD
|
Byrd Heath
EVP and CFO |
- 11935
|
35 USD |
|
4 years ago
Jul 10, 2020
|
Sell 265 K USD
|
Byrd Heath
EVP and CFO |
- 7565
|
35.01 USD |
|
4 years ago
May 28, 2020
|
Sell 142 K USD
|
DOOLAN VICTOR H
Director |
- 5000
|
28.46 USD |
|
4 years ago
Mar 23, 2020
|
Bought 998 USD
|
SMITH MARCUS G
director, 10 percent owner: |
+ 100
|
9.98 USD |
|
4 years ago
Mar 23, 2020
|
Bought 8.97 K USD
|
SMITH MARCUS G
director, 10 percent owner: |
+ 900
|
9.97 USD |
|
4 years ago
Mar 19, 2020
|
Bought 57.2 K USD
|
SMITH MARCUS G
director, 10 percent owner: |
+ 5000
|
11.43 USD |
|
4 years ago
Mar 17, 2020
|
Bought 95.2 K USD
|
SMITH MARCUS G
director, 10 percent owner: |
+ 6500
|
14.65 USD |
|
5 years ago
Nov 14, 2019
|
Sell 153 K USD
|
Byrd Heath
EVP and CFO |
- 4366
|
35 USD |
|
5 years ago
Oct 28, 2019
|
Sell 875 K USD
|
DYKE JEFF
President |
- 25000
|
35 USD |
|
5 years ago
Sep 10, 2019
|
Sell 750 K USD
|
DYKE JEFF
President |
- 25000
|
30 USD |
|
5 years ago
Jun 11, 2019
|
Sell 354 K USD
|
Byrd Heath
EVP and CFO |
- 15000
|
23.6 USD |
|
6 years ago
Sep 27, 2018
|
Bought 0 USD
|
SMITH DAVID BRUTON
Chief Executive Officer |
+ 976875
|
0 USD |
|
6 years ago
Sep 27, 2018
|
Bought 0 USD
|
SMITH MARCUS G
10 percent owner |
+ 976875
|
0 USD |
|
6 years ago
Sep 27, 2018
|
Bought 0 USD
|
SONIC FINANCIAL CORP
10 percent owner |
+ 976875
|
0 USD |
|
6 years ago
Sep 27, 2018
|
Bought 0 USD
|
SMITH O BRUTON
Executive Chairman |
+ 976875
|
0 USD |
|
6 years ago
Sep 27, 2018
|
Bought 0 USD
|
SMITH BRYAN SCOTT
10 percent owner |
+ 976875
|
0 USD |
|
6 years ago
Sep 27, 2018
|
Sell 0 USD
|
SMITH BRYAN SCOTT
10 percent owner |
- 900765
|
0 USD |
|
6 years ago
Jun 20, 2018
|
Sell 196 K USD
|
Byrd Heath
EVP and CFO |
- 8500
|
23 USD |
|
6 years ago
May 25, 2018
|
Bought 321 K USD
|
SMITH O BRUTON
Executive Chairman |
+ 15000
|
21.4109 USD |
|
6 years ago
May 17, 2018
|
Sell 220 K USD
|
DOOLAN VICTOR H
Director |
- 10000
|
21.99 USD |
|
7 years ago
Oct 31, 2017
|
Sell 172 K USD
|
DYKE JEFF
EVP of Operations |
- 8551
|
20.0951 USD |
|
7 years ago
Nov 01, 2017
|
Sell 330 K USD
|
DYKE JEFF
EVP of Operations |
- 16449
|
20.0882 USD |
|
7 years ago
Oct 27, 2017
|
Sell 225 K USD
|
Byrd Heath
EVP and CFO |
- 11000
|
20.4297 USD |
|
7 years ago
May 03, 2017
|
Bought 358 K USD
|
SMITH O BRUTON
Executive Chairman |
+ 19273
|
18.55 USD |
|
7 years ago
Mar 21, 2017
|
Bought 1.81 M USD
|
SMITH O BRUTON
Executive Chairman |
+ 90000
|
20.1138 USD |
|
7 years ago
Mar 20, 2017
|
Bought 204 K USD
|
SMITH O BRUTON
Executive Chairman |
+ 10000
|
20.4 USD |
|
7 years ago
Mar 20, 2017
|
Bought 103 K USD
|
TAYLOR R EUGENE
Director |
+ 5000
|
20.5145 USD |
|
7 years ago
Mar 20, 2017
|
Sell 91.9 K USD
|
DOOLAN VICTOR H
Director |
- 4500
|
20.4174 USD |
|
8 years ago
Aug 24, 2016
|
Bought 842 K USD
|
SMITH O BRUTON
Executive Chairman |
+ 50000
|
16.8323 USD |
|
8 years ago
Aug 22, 2016
|
Bought 837 K USD
|
SMITH O BRUTON
Executive Chairman |
+ 50000
|
16.7383 USD |
|
8 years ago
Mar 09, 2016
|
Sell 68.2 K USD
|
DOOLAN VICTOR H
Director |
- 3500
|
19.48 USD |
|
9 years ago
Oct 30, 2015
|
Sell 1.36 M USD
|
SMITH BRYAN SCOTT
CEO and President |
- 54183
|
25.0515 USD |
|
9 years ago
Nov 02, 2015
|
Sell 1.73 M USD
|
SMITH BRYAN SCOTT
CEO and President |
- 69306
|
25 USD |
|
9 years ago
Nov 03, 2015
|
Sell 32.2 K USD
|
SMITH BRYAN SCOTT
CEO and President |
- 1289
|
25.0114 USD |
|
9 years ago
Jun 16, 2015
|
Sell 0 USD
|
SMITH O BRUTON
Chairman and CEO |
- 202.93
|
0 USD |
|
9 years ago
Jun 16, 2015
|
Bought 0 USD
|
SMITH BRYAN SCOTT
President and CSO |
+ 67.64
|
0 USD |
|
9 years ago
Jun 16, 2015
|
Bought 0 USD
|
SMITH DAVID BRUTON
Vice Chairman |
+ 67.64
|
0 USD |
|
9 years ago
Mar 25, 2015
|
Sell 493 K USD
|
SMITH DAVID BRUTON
Vice Chairman |
- 20000
|
24.648 USD |
|
9 years ago
Mar 23, 2015
|
Sell 919 K USD
|
SMITH BRYAN SCOTT
President and CSO |
- 36711
|
25.046 USD |
|
9 years ago
Mar 24, 2015
|
Sell 19.7 K USD
|
SMITH BRYAN SCOTT
President and CSO |
- 789
|
25.003 USD |
|
9 years ago
Mar 02, 2015
|
Sell 200 K USD
|
SMITH DAVID BRUTON
Vice Chairman |
- 8000
|
25.0328 USD |
|
9 years ago
Dec 03, 2014
|
Sell 937 K USD
|
SMITH BRYAN SCOTT
President and CSO |
- 34690
|
27.0014 USD |
|
9 years ago
Dec 05, 2014
|
Sell 75.9 K USD
|
SMITH BRYAN SCOTT
President and CSO |
- 2810
|
27 USD |
|
10 years ago
Aug 06, 2014
|
Bought 242 K USD
|
SMITH O BRUTON
Chairman and CEO |
+ 10000
|
24.2 USD |
|
10 years ago
Aug 01, 2014
|
Bought 241 K USD
|
SMITH O BRUTON
Chairman and CEO |
+ 10000
|
24.1 USD |
|
10 years ago
Jun 04, 2014
|
Sell 540 K USD
|
DYKE JEFF
EVP of Operations |
- 20000
|
27 USD |
|
10 years ago
Mar 04, 2014
|
Sell 242 K USD
|
SMITH DAVID BRUTON
Vice Chairman |
- 10000
|
24.17 USD |
|
10 years ago
Feb 24, 2014
|
Sell 462 K USD
|
DYKE JEFF
EVP of Operations |
- 20000
|
23.11 USD |
|
10 years ago
Feb 24, 2014
|
Sell 923 K USD
|
DYKE JEFF
EVP of Operations |
- 40000
|
23.08 USD |
|
11 years ago
May 14, 2013
|
Sell 65.2 K USD
|
Byrd Heath
EVP and CFO |
- 2774
|
23.52 USD |
|
11 years ago
May 10, 2013
|
Sell 46.8 K USD
|
BELK WILLIAM I
Director |
- 2000
|
23.41 USD |
|
11 years ago
Mar 19, 2013
|
Sell 46.5 K USD
|
SMITH DAVID BRUTON
Executive Vice President |
- 2000
|
23.227 USD |
|
12 years ago
Nov 08, 2012
|
Sell 190 K USD
|
HELLER H ROBERT
Director |
- 10000
|
18.9564 USD |
|
12 years ago
Nov 05, 2012
|
Sell 622 K USD
|
DYKE JEFF
EVP of Operations |
- 31120
|
20 USD |
|
12 years ago
Nov 05, 2012
|
Sell 304 K USD
|
DYKE JEFF
EVP of Operations |
- 15184
|
20 USD |
|
12 years ago
Sep 06, 2012
|
Sell 652 K USD
|
SMITH BRYAN SCOTT
President and CSO |
- 36053
|
18.0904 USD |
|
12 years ago
Aug 31, 2012
|
Sell 14.4 K USD
|
SMITH BRYAN SCOTT
President and CSO |
- 800
|
18.01 USD |
|
12 years ago
Aug 28, 2012
|
Sell 171 K USD
|
SMITH BRYAN SCOTT
President and CSO |
- 9505
|
18.0079 USD |
|
12 years ago
Aug 29, 2012
|
Sell 65.6 K USD
|
SMITH BRYAN SCOTT
President and CSO |
- 3642
|
18.0003 USD |
7. News
SAH Falls Short of Q3 Sales & Earnings Estimates, Hikes Payout
Sonic not only misses third-quarter 2024 sales and EPS expectations but also sees a year-over-year decline in both metrics.
zacks.com
- 2 weeks ago
Sonic Automotive, Inc. (SAH) Q3 2024 Earnings Conference Call Transcript
Sonic Automotive, Inc. (NYSE:SAH ) Q3 2024 Earnings Conference Call October 24, 2024 11:00 AM ET Company Participants David Smith - Chairman and CEO Heath Byrd - EVP and CFO Jeff Dyke - President Danny Wieland - VP, IR Tim Keen - EchoPark COO Conference Call Participants John Murphy - Bank of America Rajat Gupta - JPMorgan Jeff Lick - Stephens Chris Pierce - Needham & Company Patrick Buckley - Jefferies Operator Good morning, and welcome to the Sonic Automotive Third Quarter 2024 Earnings Conference Call. This conference call is being recorded today, Thursday, October 24, 2024.
seekingalpha.com
- 3 weeks ago
Here's What Key Metrics Tell Us About Sonic Automotive (SAH) Q3 Earnings
The headline numbers for Sonic Automotive (SAH) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
zacks.com
- 3 weeks ago
Sonic Automotive (SAH) Q3 Earnings and Revenues Miss Estimates
Sonic Automotive (SAH) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.42 per share. This compares to earnings of $2.02 per share a year ago.
zacks.com
- 3 weeks ago
Sonic Automotive Reports Third Quarter 2024 Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive, Inc. (“Sonic Automotive,” “Sonic,” the “Company,” “we” “us” or “our”) (NYSE:SAH), one of the nation's largest automotive retailers, today reported financial results for the third quarter ended September 30, 2024. Third Quarter 2024 Financial Summary Total revenues of $3.5 billion, down 4% year-over-year; total gross profit of $543.6 million, down 7% year-over-year Reported net income of $74.2 million, up 8% year-over-year ($2.13 earnings per d.
businesswire.com
- 3 weeks ago
Earnings Preview: Sonic Automotive (SAH) Q3 Earnings Expected to Decline
Sonic Automotive (SAH) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
zacks.com
- 1 month ago
$2 Million Hurricane Relief Donation Made by Four Leading North Carolina Companies
CHARLOTTE, N.C.--(BUSINESS WIRE)--$2 MILLION HURRICANE RELIEF DONATION MADE BY FOUR LEADING NORTH CAROLINA COMPANIES.
businesswire.com
- 1 month ago
Sonic Automotive Schedules Release of Third Quarter 2024 Financial Results
CHARLOTTE, N.C.--(BUSINESS WIRE)--Sonic Automotive Schedules Release of Third Quarter 2024 Financial Results.
businesswire.com
- 1 month ago
CDK Extends Relationship With Sonic Automotive
AUSTIN, Texas--(BUSINESS WIRE)-- #CDKGlobal--CDK, the leading automotive retail software provider, today announced the extension of its agreement with Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive and powersports retailers, to provide its dealerships with the CDK Dealer Management System (DMS) and its Dealership Xperience Modern Retail Suite, a set of powerful software tools that connects the consumer-to-dealer buying journey into a single, unified transaction for a more satisfy.
businesswire.com
- 1 month ago
Sonic Automotive's Strategic Response To Digital Car-Buying Trends
Sonic Automotive is adapting to digital car-buying trends with its EchoPark platform, enhancing its position in the growing pre-owned vehicle market. Despite a 7.5% revenue decline, Sonic maintains stable gross profit through cost-control measures and focuses on certified pre-owned vehicles. Challenges include adapting to the electric vehicle market, requiring significant investments in infrastructure and training for EV servicing.
seekingalpha.com
- 1 month ago
Sonic Automotive: Online Presence Expansion, Inorganic Growth, Very Undervalued
Sonic Automotive is investing in online platforms and dealership acquisitions, enhancing customer experience and expanding revenue growth across the U.S. The decline in late-model used vehicles and ongoing inflation could increase the value of SAH's car inventory and boost sales. Stock repurchases and conservative FCF forecasts suggest SAH is undervalued.
seekingalpha.com
- 2 months ago
Why Is Sonic Automotive (SAH) Up 4.7% Since Last Earnings Report?
Sonic Automotive (SAH) reported earnings 30 days ago. What's next for the stock?
zacks.com
- 2 months ago
8. Profile Summary
Sonic Automotive, Inc. SAH
COUNTRY
US
INDUSTRY
Auto - Dealerships
MARKET CAP
$ 2.19 B
Dividend Yield
0.51%
Description
Sonic Automotive, Inc. operates as an automotive retailer in the United States. It operates in two segments, Franchised Dealerships and EchoPark. The Franchised Dealerships segment is involved in the sale of new and used cars and light trucks, and replacement parts; provision of vehicle maintenance, manufacturer warranty repair, and paint and collision repair services; and arrangement of extended warranties, service contracts, financing, insurance, and other aftermarket products for its guests. The EchoPark segment sells used cars and light trucks; and arranges finance and insurance product sales for its guests in pre-owned vehicle specialty retail locations. As of December 31, 2021, the company operated 140 new vehicle franchises representing 28 brands of cars and light trucks; 17 collision repair centers in 17 states; and 46 EchoPark stores in 16 states, including 11 Northwest Motorsport pre-owned vehicle stores. Sonic Automotive, Inc. was incorporated in 1997 and is based in Charlotte, North Carolina.
Contact
4401 Colwick Road, Charlotte, NC, 28211
https://www.sonicautomotive.com
IPO Date
Nov. 12, 1997
Employees
10500
Officers
Mr. B. Scott Smith
Co-Founder & Director
Mr. Heath R. Byrd
Executive Vice President & Chief Financial Officer
Mr. Stephen K. Coss
Senior Vice President, General Counsel & Secretary
Mr. Frank Jeff Dyke
President & Director
Mr. Thomas Keen
Chief Operating Officer
Mr. Stephen Carvelli
Chief Technology Officer
Mr. Harry M Harden
Chief Human Resources Officer
Mr. David Bruton Smith
Chief Executive Officer & Chairman
Mr. Danny Wieland
Vice President of Investor Relations & Financial Reporting
Mr. Dino Bernacchi
Chief Marketing Officer